Housing market check-in
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 25 September 2024
⏱️ 28 minutes
🧾️ Download transcript
Summary
The average rate on a 30-year fixed mortgage is 6% right now — a better deal than 8%, which is where rates were a year ago. But home prices have grown tremendously in the past several years. So how much can falling rates really help prospective buyers? Also in this episode: a customs broker preps for a potential port strike, Dame Judi Dench could be your next AI assistant, and college football conference shake-ups are all about the money.
Transcript
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| 0:44.0 | slash donate. |
| 0:45.0 | I'll tell you what, why don't we not start |
| 0:51.0 | with a story about the Fed today, huh? We got ports, we got college football, and |
| 0:58.4 | okay, we got one Fed story. From American public media, this is market plans. In Los Angeles, I'm Ka Rizdahl. It is Wednesday, today the 25th of September. Good as always to have you long everybody. |
| 1:22.0 | Hey look, I know it's a little early but any |
| 1:25.3 | chance you've gotten your holiday shopping done yet I ask because in six days |
| 1:30.8 | ports from Maine to the Gulf Coast might have their hands full with a long |
| 1:34.9 | shoreman strike, which means not much if anything is going to be getting where it needs to go, |
| 1:40.9 | which means that would be a not great thing for this economy. |
| 1:44.1 | Getting things where they need to go is, in point of fact, Gretchen Blau's job, she's |
| 1:48.6 | our regular customs broker at a Logistics Plus in Erie, Pennsylvania. |
| 1:52.1 | It's good to have you on. |
| 1:53.4 | Good to be here. |
| 1:54.4 | How closely are you watching this potential strike on the East Coast? |
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